Cedar Company estimates its manufacturing overhead to be 700,000 and its direct labor costs to be 560,000 for Year 2. Cedar worked on the following three

Cedar Company estimates its manufacturing overhead to be 700,000 and its direct labor costs to be 560,000 for Year 2. Cedar worked on the following three jobs for the year: Job Status Direct Labor Costs Job 2-1 Completed and sold 195,000; Job 2-2 Completed by not sold 325,000; and Job 2-3 in progress 130,000. Actual manufacturing overhead for Year 2 was 822,000. Manufacturing overhead is applied on the basis of direct labor costs. How much of the under applied overhead should be allocated to finished goods? A. B. 1,900 C. 4,750 D. 9,500